Liberland – A startup country

President Jedlička. Photo: Mya Photographe Individuals, companies, governments, and membership organisations can all do a great deal to help shape the odds in their favour. But,what about actually creating your own country with your own rules, to help shape the odds in your favour? Not possible? Well, yes, it is, and it’s exactly what Czech-born Vít Jedlička, President of newly established country Liberland, has done.Liberland is just seven kilometres long – three times larger than Mon...
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The first startup hire: Who should it be?

 Your startup is your baby. You’ve nurtured it, fed it and watched a dream become a reality. This is why your first hire is the most important hire for your startup. You’re looking for someone who is passionate, trustworthy and motivated to see your business grow.As an entrepreneur, you are only as good as the people you surround yourself with. You want to make sure your personalities can co-exist together, and you want to ensure your first hire is solidly onboard with your goals and ambiti...
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The human side of strategy (the only way to go)

Caption: The Human Side of Strategy. Photo: brainwells.com The Human Side of StrategyStrategy starts with you. It must become a natural part of your everyday life and thus a part of the company’s DNA. Only then, can you start dreaming of the success that you deserve.As you know – strategy is a plan. A plan of how to reach your goals. It can be printed on paper. Or presented neatly on PowerPoint. But no matter how good your strategy and enchanting your presentations, to succeed you must firs...
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5 common accounting mistakes you may need to fix now

Starting a small business is loaded with exciting aspects like creative design, brainstorming ideas, and drafting prototypes – but many start-ups struggle with the financial side of business.The best way to avoid accounting issues is to correct them before they become a problem. Ignoring these common mistakes could lead to big complications.1. Avoiding and denying a need for accountingFor the business person with little financial know-how, the idea of bookkeeping may be daunting. Many startups a...
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KPIs of an effective social media strategy

If you're already using social media, you may be wondering how well you're doing. There are different ways to analyze your activity, depending on the specific characteristics of your digital activity. And while there are many KPIs (Key Performance Indicators) to explore, some may be more relevant to your strategy than others. To get you started, here are some basic KPIs for the main indicators: Popularity Start with the basics: evaluate the general trend of your social networks by analyzing the ...
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